Telsa recently gapped Lower on Negative Earnings and Negativity from Elon Musk on the recent earning Call. Given the SMTV indicator, a sell signal was generated on Friday, and if we get strong Price Action with a close below $210 the next level is at $150 which is the intial Sellers Contination Signal made on April 27. Overall, this level was a Buy signal on...
TVC:DXY has been in an uptrend with the first Buy Signal on 14 Aug. Recently it has been in a Range, but still has legs to run the next Buyers Zone is at 105.670 which will offer strong support with the next upper band to target at 108.750 If you like this, please give me a follow, I will give all followers Access to the Invite Only SMTV indicator. Goodluck...
SPX has been trending down with a sell signal generated at 4450 on September 6 for the first time following that was a Continiation Sell Signal generated at 4300. SPX is now well below the 200 and after hawkish retoric and skyrockting 10Y the path of least resistance if for more down trend to continue. If you like this please give me a Follow a will give...
OANDA:NAS100USD is currently in a Down Trend Making Lower Highs, and heading to a critical Zone for further Downside. If 14200 is broken we can expect the Downtrend to continue. Current Sentiment on Wallstreet and After Powell Spoke, markets sold off, with Higher For Longer priced and now the Risk of something breaking on Higher Yields. If you like this...
Short SP:SPX Given the rise in US Yields and USDJPY overnight, we can expect a Pullback for the SP:SPX at the Open. If we get a push up to 4450 - 4455, then a 1:2 Risk to Reward trade is in play at this 200EMA level. Hypothesis for the Short: SP:SPX Currently in a Down Trend, hitting the previous Sell Signal's on the 1H SMTV Indicator which will act...
Hello! Hope you're trading went well today on FX:USDJPY Before we get into the key levels and Bullish and Bearish trade setup. We need to know, What can kill this Trade today. Yes, Japanese Central Bank Intervention, if the BOJ decided to do intervention today as they have unexpectedly in the past, be careful of the 3 Hours before the London session and...
I used my AI to analyze the latest round of interviews on Bloomberg's The Crypto Show. Here is the trading strategy for the 2023 year it came up with and below that is the analysis's it did. 1. As you monitor the market throughout the year, focus on buying Bitcoin, Ethereum and other top cryptocurrencies when they fall below their average prices in the past...
Summary. See video link below. Finance Minister to speak in Parliament today. May cause the Pound to Rally, or fall further Bank of England is currently intervening by purchasing 5 Billion Pounds of Guilts, which they have double to 10 Billion per day for this week. UK is releasing GDP numbers tomorrow, this will cause significant volatility. Overall I am short...
We are still in a Bear market. Earnings are set to release in Mid October, Earnings risk not priced in by institutions, expect a move lower below the 3550 - 3450 Levels going forward.
How long will the rally continue? What to watch to answer this question. 7 October Fed Critical Datapoints Non Farm Payrolls and Unemployment Numbers If more people are finding jobs and and unemployment is going down it will indicate a strong economy, which will lead to the Fed continuing rate hikes, which will put downward pressure on the S&P 500. If more...
Overall I am still bullish on the US dollar and Bearish all other currencies. Reason being the Fed will continue to raise rates and create a divergence in interest rates against other countries currencies as they fall behind in raising rates. My Outlook is that the AUD/USD will continue to trend sidewise sticking close to the upper resistance bands. Keep an...
As seen in the video - I am short the Aussie Dollar against the almighty greenback. The RBA needs to get more aggressive in hiking interest rates, in order to compete with the Fed in the US. The Dollar USD will continue to be strong against all other currencies as they raise interest rates aggressively and be the defense trade in these uncertain times. Although...
You can short the pound GBP/USD on any upside rallies it makes, with tight stop losses and 1:1.5 Risk Reward. The British Pound is weak watch this short 30 second Bloomberg clip youtu.be on countries most likely to experience a Currency Crisis, and the fact the 70% of Smart Money believe the dollar will be higher in the next month. Happy trading on the way...
The S&P index will move down to the 3300 level bottoming out between October - December. The catalyst for the down move from the current level of 3600 to 3300 is when earnings are released for most large companies. This will start in Mid October. The Reason for the move down is when the earnings risk surprise is priced in by institutions, this will lead to...
AUD/USD is in a downtrend, and with US PMI releasing tomorrow at 14:00, we will monitor the markets reaction on the news. To determine if the 50BP increase by the Australian reserve bank has been priced in already or not. However the big move lower is expected to happen when the Australian Reserve Bank increased interest rates with 50BP early Wednesday Morning....
HRB set to have a bullish catalyst to continue it's upward momentum. Buy Low and Sell High on tomorrows volatility. IN MOMENTUM WE TRUST.